The investment proposition: Preference for upfront investment with a longer-term approach for infrastructure provision and the construction of residential and commercial properties, although scope to tailor shorter-term investment in specific projects.
Planning status: Outline planning permission for 10,800 homes (2,000 delivered); new planning application for 20,000 homes to be submitted by Summer 2024
Key facts:
Barking Riverside is one of Europe’s largest and most exciting residential developments, set to be a new town of 60,000 residents in one the fastest-growing areas of London. Benefitting from a unique location on the banks of the River Thames, it comprises 443 acres of land — an area as large as Hyde Park — on a brownfield site formerly occupied by Barking Power Station. Connected to central London via the recently extended Overground and river bus services, Barking Riverside is ideal for those who want fast and easy access to London as well as an abundance of green and blue spaces.
Barking Riverside is already home to a diverse and active community of over 6,700 residents. Existing amenities include five schools, one of which is an Ofsted Outstanding secondary school; two community hubs; cycling and walking routes; 80 hectares of ecology habitat; state-of-the-art recycling and waste management facilities; and a year-round calendar of placemaking activities, including resident-led events and cultural offerings. The Barking Riverside Business Strategy and Finance team are ready to engage with investors now. They welcome exploratory conversations for funding partnerships.
